The Fulton County National Bank and Trust Company in Mcconnellsburg, Pennsylvania (PA) Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of July 01, 2006
The Fulton County National Bank and Trust Company in Mcconnellsburg, Pennsylvania (PA)
The Fulton County National Bank and Trust Company - Overview
General
FDIC Certificate #: 7605 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Farmers and Merchants Trust Company of Chambersburg (#8405) Federal Reserve ID: 966919 Date Established: Febuary 24, 1887 WWW:http://www.fcnbtc.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) OTS Docket #: 9731 FDIC's unique #: 4931 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: January 01, 1934 Last Structure Change Effective Date: July 01, 2006 Last Structure Change Process Date: July 14, 2006 Last Data Update: July 14, 2006 Data Source Date: April 05, 2012
Location
Address: 100 Lincoln Way East, Mcconnellsburg, PA 17233 County: Fulton Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: New York FDIC Field Office: Harrisburg Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast
Financial Summary
Total assets: $122.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2005)
Dollar figures in thousands
50Total employees (full-time equivalent)
$139,025Total assets
$4,890Cash and due from depository institutions
$665Interest-bearing balances
$34,719Securities
$7,850Federal funds sold & reverse repurchase agreements
$78,426Net loans & leases
$1,354Loan loss allowance
$0Trading account assets
$3,509Bank premises and fixed assets
$671Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$8,960All other assets
$139,025Total liabilities and capital
$124,253Total liabilities
$107,510Total deposits
$89,123Interest-bearing deposits
$107,510Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$15,000Other borrowed funds
$0Subordinated debt
$1,743All other liabilities
$14,772Total equity capital
$14,772Total bank equity capital
$14,772Perpetual preferred stock
$0Common stock
$275Surplus
$2,086Undivided profits
Memoranda
$12,411Noncurrent loans and leases
$10,174Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,924Earning assets
$728Long-term assets (5+ years)
$627Average Assets, year-to-date
$121,660Average Assets, quarterly
$47,604Volatile liabilities
$139,806Insider loans
$139,143FHLB advances
$14,511Loans and leases held for sale
$4,770Unused loan commitments
$15,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$10,174Total unused commitments
$0Restructured Loans and leases
$1,051Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$7,123Total interest income
$2,901Total interest expense
$4,222Net interest income
$317Provision for loan and lease losses
$622Total noninterest income
$1Fiduciary activities
$167Service charges on deposit accounts
$0Trading account gains & fees
$454Additional noninterest income
$5,083Total noninterest expense
$1,968Salaries and employee benefits
$837Premises and equipment expense
$2,278Additional noninterest expense
-$556Pre-tax net operating income
$0Securities gains (losses)
-$328Applicable income taxes
-$228Income before extraordinary items
$0Extraordinary gains - net
-$228Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$784Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.91%Yield on earning assets
2.41%Cost of funding earning assets
3.50%Net interest margin
0.52%Noninterest income to earning assets
4.22%Noninterest expense to earning assets
-0.16%Net operating income to assets
-0.16%Return on assets (ROA)
-0.40%Pretax return on assets
-1.51%Return on equity (ROE)
-1.51%Retained earnings to average equity (YTD only)
0.90%Net charge-offs to loans
40.43%Credit loss provision to net charge-offs
-0.30%Efficiency ratio
104,934Assets per employee
2.78%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.70%Loss allowance to noncurrent loans
70.37%Noncurrent assets plus other real estate owned to assets
1.87%Noncurrent loans to loans
2.41%Net loans and leases to deposits
72.95%Net loans and leases to core deposits
84.33%Equity capital to assets
10.63%Core capital (leverage) ratio
10.89%Tier 1 risk-based capital ratio
18.01%Total risk-based capital ratio
Memoranda
$19Average assets
$139,806Average earning assets
$15,113Average equity
$120,549Average loans
Total Fiduciary and Related Assets (December 31, 2005)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$65Managed Assets
1Number of Accounts
$65Personal trust and agency accounts
$65Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
1Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
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